Powell’s Outsized Influence Signals Smaller Fed Cut, Nomura Says
The Federal Reserve is likely to downsize its rate cuts to 25 basis points at both the November and December policy meetings, ...
Here's what the newest 'blue ribbon, red flag' report says about Springfield
Community Focus Report is out. From struggles with housing and child care to success with tourism and employment, here's what ...
Highlights from the Vance-Walz vice presidential debate
Republican JD Vance and Democrat Tim Walz met for the first vice presidential debate of the 2024 election, hosted by CBS News.
Investopedia15d
The Federal Reserve: A Century of US Monetary Evolution
The Federal Reserve System comprises a central, independent governmental agency, the Board of Governors, in Washington, D.C., and 12 regional Federal Reserve Banks located in major cities ...
CBS News16d
Stocks surge a day after Federal Reserve's first interest rate cut since 2020
Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a ...
American Association of Individual Investors16d
September Charts of Interest: Rate Cut Edition
(For 2025, the median end-of-year projection is now 3.4%, down from 4.1%.) Source: “Summary of Economic Projections,” by the Board of Governors of the Federal Reserve System, September 18, 2024.
Hindustan Times16d
US Federal Reserve is finally lowering rates: Here's what consumers need to know
On Wednesday, the Fed announced that it reduced its key rate by an unusually large half-percentage point, to between 4.75 and 5 percent The Federal Reserve has cut its benchmark interest rate from ...
The Australian Financial Review16d
Traders temper bets the RBA will follow the Fed’s rate cut
Traders have pushed back expectations the Reserve Bank will soon follow the path of the US Federal Reserve ... the 4.35 per cent level when the RBA board meets next week. Mr Albanese said on ...
Forbes16d
Why Did The Stock Market Fall After The Federal Reserve Cut Interest Rates
WASHINGTON, DC - JUNE 14: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news ... [+] conference following a meeting of the Federal Open Market Committee (FOMC) at the ...
scmp.com16d
US Federal Reserve slashes interest rates by half a point, first cut in 4 years
The US Federal Reserve announced an interest rate cut of half a percentage point on Wednesday, the first downward adjustment in four years and a move that follows a slow but steady decline in ...
ABC News16d
What does the Fed interest rate cut mean for mortgages and homebuyers?
Federal Reserve Board Chairman Jerome Powell responds to a question from the news media after the Fed cut its benchmark interest rate half-point following its two-day conference at the Federal ...
The Boston Globe16d
Can the Fed stave off a recession? We’re about to find out.
The Federal Reserve is putting inflation in the rearview ... “It takes pressure off the entire system,” said Steve Pagliuca, the Bain Capital executive and Boston Celtics co-owner.